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Clarence Page: Congress found virtue in compromise — at last

After four months of political wrangling, eyeball-to-eyeball negotiations and mounting anxiety in both parties about the “debt ceiling,” Congress finally found enough common ground to pay its bills. But how long will these good tidings last?

First, it helps to understand just what the debt ceiling is. In mid-April House Speaker Kevin McCarthy, a California Republican, explained it like this: “You know, if you gave your

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